Settlement Structure: Claims Made
Closed Settlement Statement:
According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.
The plaintiffs in this lawsuit allege that the Cryptsy acted unlawfully by denying users the ability to withdraw or use the funds in their accounts and by stealing the digital currency held in the Cryptsy customer accounts for their own use. Cryptsy operated an online business for general consumers and the public to exchange, invest, and trade in digital cryptocurrencies, such as “Bitcoin” and “Litecoin.”Docket Number:
Company: Project Investors
Filing Deadline: May 17, 2017
Class Period: November 1, 2015 to June 2, 2017
Objection Deadline: May 3, 2017
Exclusion Deadline: April 17, 2017
Final Approval Hearing: June 2, 2017Proof of Purchase:
Claimants must provide details about their holdings at Cryptsy.Eligibility:
This settlement includes individuals who are Cryptsy account owners who held Bitcoins, alternative cryptocurrencies, or any other form of monies or currency at Cryptsy as of November 1, 2015, through June 2, 2017, and are unable to access their cryptocurrency.Typical Settlement Amount:
Settlement shares will be divided on a pro rata basis. Claimants will be eligible to receive a share based on the value of their holdings in Cryptsy compared to the total holdings.
Total Settlement Amount: To be determined; the settlement amount depends on the value of objects seized from those who operated Cryptsy.Class Representative Proposed Incentive Fee:
Silver Law Group
Wites & Kapetan PA
Claim Form: Proof of Claim and Release
Case Name: Leidel, et al. v. Project Investors Inc.
Settlement Website: Cryptsy Cryptocurrency Settlement
Cryptsy Claims Administrator
1801 Market Street, Suite 660
Philadelphia, PA 19103